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VMRK vs VXX: Correlation

Vivmark Residential (VMRK) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) show a negative relationship: their 3-year correlation of weekly returns is -0.40.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.40
negative
Correlation (1Y)
-0.12
last 12 months
Correlation (5Y)
-0.39
long-run
Ann. covariance
-481.6
%² · weekly, annualized

How correlated are VMRK and VXX?

Over the past 3 years, VMRK and VXX moved with a correlation of -0.40, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.12) runs above the 3-year figure (-0.40). Over 5 years the correlation is -0.39, and the annualized covariance of weekly returns is -481.6 %².

VXX is close to the least connected end of VMRK's tracked universe, ranking #31 of 32. Correlation aside, the last 12 months split them widely, with VMRK ahead by 54.8 points (+5.1% versus -49.7%). Note the risk asymmetry: VXX runs 3.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

VMRK vs VXX: side by side

VMRK (Vivmark Residential)VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN)
1-year return+5.1%-49.7%
5-year return-5.5%-95.6%
Volatility (ann.)19.7%60.9%
Beta vs S&P 5000.57-3.31
Max drawdown (3Y)-21.2%-83.3%
Market cap$26.1B
P/E (trailing)25.7
Dividend yield0.00%0.00%
Sector / categoryReal EstateUS Listed
Smaller drawdown: VMRK -21.2% vs -83.3%Higher 5y return: VMRK -5.5% vs -95.6%
-49%0%+11%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. VMRK · VXX

Year-by-year returns

YearVMRKVXX
2022-32.5%-23.8%
2023+8.3%-72.5%
2024+20.8%-26.2%
2025-8.6%-42.2%
2026+7.4%-31.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are VMRK and VXX good diversifiers for each other?

By historical standards, yes. A correlation of -0.40 means the two rarely move for the same reasons.

FAQ

What is the correlation between VMRK and VXX?

The VMRK/VXX correlation stands at -0.40 on a 3-year window (1 year: -0.12, 5 years: -0.39), computed from weekly returns as of 2026-08-27.

Is VXX a good diversifier for VMRK?

By historical standards, yes. A correlation of -0.40 means the two rarely move for the same reasons.

What does a correlation of -0.40 mean?

On the −1 to +1 scale, -0.40 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

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VMRK vs VXX: 3-year weekly correlation -0.40VMRK vs VXX-0.40

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Hubs: VMRK correlations · VXX correlations